EOPA Overall Review #2 Random

The act of assuming the risk of organizing productive resources to produce goods and services.

• business
• critical thinking
• entrepreneurship
• risk management

Exclusive rights to symbols or designs.

• trademark
• patent
• copyright
• exclusivity rights

What's this called?

• patent
• trademark
• company thing
• copyright

A business owned by one person is called a(n):

• Club
• Corporation
• Partnership
• Sole Proprietorship

A business owned by two or more people is called a

• sole proprietorship
• corporation
• partnership
• conglomerate

A business owned by people who have bought shares in it is called a

• corporation
• multinational
• partnership
• sole proprietorship

What is a franchise?

• The right to vote
• A new business started from scratch by an entrepreneur.
• A book or movie series.
• A contract allowing an entrepreneur to open a location of an established business.

What is the governing body of a corporation called?

• Board of Directors
• Board of Governors
• Stockholders

Which is NOT a common characteristic of an entrepreneur?

• risk-taker
• creative
• organized
• irresponsible

An agency set up to promote safety for workers on the job is _______.

• Americans With Disabilities Act
• Occupational Safety and Health Administration
• Age Discrimination in Employment Act
• Environmental Protection Agency